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In the United Kingdom and prominent high street bookmaker William Hill has reportedly launched a fundraising drive in hopes of bringing in approximately ￡200 million (1 million) to better surmount the recent financial impacts of the coronavirus pandemic.Established presence:Chief Executive Officer for Yggdrasil, Fredrik Elmqvist, used an official news release to comment on the new partnership that gives the company significantly more exposure in the Italian market, stating…“Microgame is a leading platfAccording to a Tuesday report from the Financial Times newspaper, the London-listed operator is running a share offer for up to 19....
This return will purportedly give the London-headquartered firm enough cash to cover a coming bond and significantly boost investor confidence as the world continues to struggle with the economic fallout caused by the coronavirus pandemic.Damaging dearth:The Financial Times reported this footfall reduction has been further compounded by the almost entire coronavirus-related cancellation or rescheduling of this summer’s global sporting calendar including such potentially lucrative extravaganzas as the 2020 Summer Olympics and the 2020 UEFA European Football Championship.Promising precursors:However, the newspaper reported that William Hill has recently seen early signs of recovery thanks to the partial resumption of some sporting action such as the May 16 behind-closed-doors restart of Germany’s top-flight Bundesliga football league....
The new partnership will see 80 of the provider’s games from its award-winning portfolio made available to Microgame’s expansive operator partner network in the Southern European country.99% of its existing equity after being forced to temporarily shutter every one of its 1,533 domestic bookmaking shops from March 23 as part of a government-led campaign to help stop the spread of the potentially-deadly coronavirus strain. The company’s entire portfolio is available through a single API integration....
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